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The fact that many crypto initiatives have moved away from the principle of transparency is considered one of the biggest problems in the development of the market. The changes made by many altcoins in the market in their token economies and the increases in their circulation supply are victimizing investors.

Crypto investors have complained about many altcoins. Binance has created a new system based on the feedback from platform users. The system in question will issue warnings about risky assets and try to prevent investors from being victimized.

According to the statements made, Binance will issue warning notifications and banners for risky tokens starting from October 1. The system will focus on cryptocurrencies that have undergone significant changes in their token economies in the last 18 months. Users will need to consent to receive notifications about the tokens in question.

Binance has listed the risky altcoins that the new system it has put into effect has revealed. The list includes the following altcoins:

Travala (AVA)

Chiliz (CHZ)

Enjin Coin (ENJ)

IOTA (IOTA)

Lisk (LSK)

Metal DAO (MTL)

Orion (ORN)

Self Chain (SLF)

Solar (SXP)

Vanar Chain (VANRY)

The exchange made the following statements in its statement:

“Going forward, listed tokens that undergo significant changes to their tokenomics or experience a significant increase in token supply will also be subject to the risk alert banner and pop-up notification. Binance is committed to building a transparent and sustainable crypto ecosystem. We believe these measures will help users make more informed decisions and foster long-term growth within the community.”

Source: koinkolik.com

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.